Da Vinci judge warns media on contempt

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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

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Ashurst, Linklaters slug it out for Elephant & Castle project

Ashurst and Linklaters are vying for roles advising on the £1.5bn regeneration of London’s Elephant & Castle area. The project is shortly to enter the third and final stage of the procurement process when one of three shortlisted bidders will be selected. Ashurst is advising one of the three, the Oceancrest consortium of Blackfriars Investments, […]

Kirkland London rocked as co-founder and corporate partner resign

Kirkland & Ellis has been rocked by the resignations of London managing partner Stuart Mills and corporate partner Nigel Dunmore. Mills, who was one of the two founding partners of Kirkland’s London office in 1994, confirmed that he is retiring from the Chicago-based firm and returning to the US in order to “pursue other interests”. […]

SJ Berwin boosts NQ pay to catch rivals

SJ Berwin has joined the slew of firms increasing newly qualified lawyers’ salaries to match the new market-wide figures. The silver circle firm confirmed that it has increased NQ salaries to £55,000, up 10 per cent from £50,000 last year. This follows a spate of salary increases across the City, after Linklaters kicked off the […]

Zend in the clowns

What the…? Does anybody out there know what Howes Percival is on?The 33-partner firm crashed into The Lawyer’s top 100 last year with an £18.8m turnover. Maybe the fame’s gone to its head, but the firm now appears to be claiming it possesses the necessary zen-like skills to ease its clients’ worries and put them […]

Women solicitors reach 40 per cent of the UK’s legal population

Women now make up more than 40 per cent of the solicitors’ profession, as the number of English and Welsh solicitors with practising certificates broke through the 100,000 barrier for the first time. The new figures were published by the Law Society in its annual statistical report. The total number of solicitors with practising certificates […]

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